Strong Earnings Keep US Stocks in Favor

🇺🇸 Bloomberg (US) —

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PNC Asset Management CIO Amanda Agati says strong corporate fundamentals and resilient consumer spending may support US equities during the third-quarter earnings season. She favors domestic stocks over developed international markets and says investors will assess whether AI investment is producing returns beyond major technology companies.

PNC Asset Management Chief Investment Officer Amanda Agati tells Bloomberg This Weekend that strong corporate fundamentals and resilient consumer spending could support US stocks as investors head into third-quarter earnings season. Speaking with hosts David Gura and Christina Ruffini, Agati says investors will be watching for evidence that AI investment is generating returns beyond the largest technology companies, while strong US earnings growth keeps her favoring domestic equities over developed international markets. (Source: Bloomberg)

Markets AI & Tech US equities corporate earnings consumer spending AI investment PNC Asset Management Amanda Agati

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